Sandstone, MI is a great place to invest in housing. The median value of homes in Sandstone is currently $209,400 which is significantly lower than the US median value of $338,100. This gives potential buyers more purchasing power and allows them to secure a better deal on their home purchase. In addition, house appreciation has been strong in Sandstone over the last year with an increase of 9.09%, compared to 8.27% nationally. All this makes Sandstone an attractive option for those interested in buying or investing in housing.
The median home cost in Sandstone is $209,400. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Sandstone is up 16.2%.
Average Age of Homes
- The median age of Sandstone real estate is 43 years old
The Rental Market in Sandstone
- Renters make up 7.6% of the Sandstone population
- 0.8% of houses and apartments in Sandstone, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.